Tax Laws Amendment (Fairer Taxation of Excess Concessional Contributions) Act 2013 (118 of 2013)

Schedule 1   Fairer taxation of excess concessional contributions

Part 7   Application, transitional and saving provisions

Division 2   Saving provisions

115   Saving of regulations - allocated amounts

(1) This item applies to a regulation if:

(a) the regulation was made for the purposes of subsection 292-25(3) of the Income Tax Assessment Act 1997; and

(b) the regulation was in force immediately before the commencement of this item.

(2) The regulation has effect, after the commencement of this item, as if it had been made under subsection 291-25(3) of the Income Tax Assessment Act 1997 as amended by this Act.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).